Ixaris, Sabre boost payment options for online travel agents

PaymentsSource | December 13, 2019

Payments application provider Ixaris is partnering with global travel marketplace provider Sabre to expand into new markets across Europe. The Ixaris payment technology will be available through Sabre Virtual Payments, which travel buyers will use to streamline payments and avoid extra fees when paying airlines or hotels. Sabre provides a global distribution network of airlines and hotels for online travel agencies. The partnership first focuses on Europe, but it will help fuel Ixaris plans to enter into the Americas and Asia Pacific markets in the future.

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COMMERCIAL TRAVEL

Priceline Introduces Summer Sale and Expanded Loyalty Program

Priceline | June 20, 2022

Priceline is launching its Summer Sale on June 20 to help travelers save on summer vacations. It shared the most affordable destination for the 4th of July holiday. In addition, it has also expanded its VIP Loyalty program called VIP Family. "This summer, the travel industry is experiencing a significant boom, and we want to help ensure that our customers are getting the best deals, despite current economic stressors like inflation With our everyday deals, Summer Sale and VIP program we're helping fight back against inflation to make travel more affordable and accessible." -Brett Keller, CEO of Priceline With the VIP Family program, travelers can access savings three times faster. VIP members save 50% more than non-members on hotels. They can also get access to exclusive discounts, coupons and travel perks. The program is free, and all the travelers need to do is sign up to enjoy the benefits. Each member gets a private account, and three users can pool their status by creating a VIP Family. Individual family members’ completed trip totals are tallied into one status level so that the families can attain a higher status and unlock more benefits faster. The higher the status, the more the members can save. For the Fourth of July getaway, Priceline has offered the following deals: Domestic Dallas, Texas ($133) Houston, Texas ($135) Bloomington, Minnesota ($135) Charlotte, North Carolina ($148) Kissimmee, Florida ($151) International Calgary, Canada ($127) Milan, Italy ($145) Prague, Czech Republic ($146) Istanbul, Turkey ($147) Athens, Greece ($154) As a part of the Summer Sale, Priceline has these deals: Save $20 on Express Deals® hotels when spending at least $125. Code: SUMMER2022 Dates: June 20 to June 28 Save $100 on Express Deals® hotels when spending at least $500. Code: SUMMER100 Dates: From June 29 to July 4

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TRAVEL TECHNOLOGY,BUSINESS TRAVEL

HRS Acquires Paypense, Enabling Widescale Digitized Payment Technology for Corporations and Employees

HRS | August 08, 2022

HRS, the leading Gobal corporate travel and payment technology platform, announced the acquisition of Germany-based Paypense, enhancing HRS’ growing compilation of efficient corporate payment offerings. Only two years since launch, Paypense’s open platform has already made inroads with a broad range of corporations, enabling employees to use digital payment technology to pay for all work-related purchases. This smarter solution ensures compliance to budgets while also capturing relevant data for auditing, steering and even sustainability metrics. “HRS Pay, reinforced by years of proprietary investments and our 2021 purchase of Itelya to propel the digital transformation of payment, is taking the next step in delivering an exceptional 'in destination experience' for corporate employees, Paypense provides intelligent spend management services for managers and employees alike, whether they are on the road for weeks at a time or supporting a one-day, off-site event that doesn’t require travel. This acquisition represents a new milestone for HRS Pay as we continue to focus on elevating employee satisfaction.” -Tobias Ragge, HRS CEO The employee satisfaction component is critical to driving the successful deployment and ongoing use of spend management technology. Recent research from the Global Business Travel Association, inclusive of feedback from 600+ procurement executives and nearly 2,500 business travelers, found that 85 percent of respondents said that the ease of completing expense reports, ease of expense approval process and speed of reimbursement are important to spend management.. Paypense’s Broad Array of Controls and Efficiencies Redefine Spend Management Leveraging automated intelligence and auto-approved, in-policy purchasing, Paypense dramatically reduces concerns about what items an employee may acquire. This elegant solution appeals to accounting and procurement managers, as Paypense effectively ensures the right amounts are spent on the right kind of purchases, every single time. The under-the-hood approach to managing virtual technology and secure connections to a company’s preferred banking institutions makes this seamless to employees who crave simplicity in all expense-related processes. Other Paypense highlights include: The provision of pre-approved budgets in real time to individual employees, groups, or job candidates via Paypense’s patented "matrix approval engine.” Functionality also allows for the approval and dispensing of increased allocations for emergency scenarios; Mobile app capabilities that facilitate tracked purchases by the employees, without him/her ever having to use their own funds; Automated receipt acquisition for common online portals used by employees, including air, rail, hotel, auto, ridesharing, phone and other prominent suppliers; and Leveraging supplier and localized data, Paypense captures the CO2 emissions of individual expenses, a vital element for companies taking steps to reduce their carbon footprint. “With our open platform, we’ve introduced a unique differentiator for the provision of virtual credit cards for pre-approved expenses, It’s clear from our industry engagement that there is an appreciation for our approach. We’re working in concert with expense providers and financial institutions, not competing with them as we transition from expense management to spend management. And with all parties squarely focusing on enhancing the employee experience, we’re increasing satisfaction even as we uncover new avenues of payment efficiency.” -Christopher Hecht, founder and CEO of Paypense Complemented by this acquisition, HRS Pay now offers truly holistic spend management solutions covering not only travel-related spend, but also non-travel, localized spend that accounts for significant expenses,” said Kurt Knackstedt, Chief Growth Officer for HRS Pay. “With the full integration of Paypense, our complete end-to-end spend management platform provides unmatched visibility of level-3 data, multi-category invoice digitization, and superior VAT reclaim automation – all available globally via any payment provider. Given these cumulative capabilities, HRS Pay is uniquely positioned to deliver the consummate payment solution for Fortune 500 multi-national companies. Paypense’s employees will officially become HRS Pay employees when the acquisition formally closes in August. Christopher Hecht will join the HRS Pay team as Chief Product Officer, overseeing development and working collaboratively with clients, partners and employees to enrich HRS Pay solutions moving forward. HRS Pay solutions will be featured at the upcoming Global Business Travel Association conference in San Diego on August 14-17 at the HRS booth (# 3229). Paypense is also one of an exclusive few new technologies to be selected for the Innovate event in New York City on October 24. About HRS HRS is reinventing the way businesses and governments work, stay and pay in today’s dynamic global marketplace. HRS’ advanced platform technology is extending its reach beyond hospitality to meetings, office space management, payment efficiency and crisis recovery. Beyond cost savings in the global post-pandemic economy, HRS clients gain from an unrivaled focus on essential aspects including safety, security and satisfaction. HRS is also recognized for its award-winning Green Stay Initiative, technology that helps corporate hotel programs achieve their NetZero targets, and its groundbreaking Crew & Passengers Solution, which leverages automation to elevate experiences for air and rail operations. Founded in 1972, HRS works with 35 percent of the global Fortune 500, as well as the world’s leading hotel chains, regional hospitality groups and payment providers. More information at www.hrs.com/enterprise.

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DESTINATION AND TOURISM,BUSINESS TRAVEL

EBG Acquires Undercover Tourist

EBG | June 30, 2022

EBG, one of the rapidly growing e-commerce solutions providers in the U.S. specializing in entertainment and travel, is acquiring Undercover Tourist, a privately held successful B2C online travel marketplace in the country. It specializes in theme parks and attractions. “With the addition of the Undercover Tourist platform to the EBG portfolio, we are gaining a strong consumer brand with a loyal customer following along with a robust knowledge base of engaging content for theme park vacations. We look forward to collaborating with the Undercover Tourist team to expand the platform and to help our supplier partners increase their reach,” -EBG CEO and Founder Brett Reizen. We are excited for Undercover Tourist to take this big leap, which is poised for growth and national product expansion and support as part of EBG’s network. I’m so proud of what the team has built over the years and the future offers amazing opportunities fueled by EBG's insight and guidance, explained Undercover Tourist CEO and Founder Ian Ford. The acquisition complements EBG's current offerings and will broaden EBG's portfolio to serve the B2C market while also providing timely and engaging content such as trip planning advice, travel tips, and more. The Undercover Tourist brand and platform will remain a separate business unit, with product offerings expanding nationally. EBG powers a diverse portfolio of technology solutions and operates a network of employer and membership-based platforms that reach a captive audience, providing leading brands with new distribution channels. The EBG network reaches over 100 million users through participating companies and closed-loop affinity and membership groups. Undercover Tourist, a travel website and theme park expert founded in 2000, has sold over 25 million theme park admission tickets to popular destinations and attractions such as Walt Disney World, Disneyland, Universal Orlando Resort, Universal Studios Hollywood, SeaWorld Parks, LEGOLAND Parks, and others. Along with saving time and money on attraction tickets, hotels, and car rentals, Undercover Tourist provides free vacation planning tools such as crowd calendars, park planning apps, and more.

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